Business
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Pawar apprises PM of sugar decontrol plan
Pawar apprises PM of sugar decontrol plan
Making a case for freeing the sugar sector from government controls, Food and Agriculture Minister Sharad Pawar today met the Prime Minister to apprise him about the proposed move to give freedom to mills for sale of the sweetener.
Published : September 2, 2010
NLC contract workers defer Sept 8 strike plan
Cuddalore (TN), Sep 2 Around 13,000 contract workers of public sector Neyveli Lignite Corporation today deferred their indefinite strike called on September 8, after the management requested for more time to examine an eight- point charter of demands. This follows a tripartite.....
Published : September 2, 2010
Group not pushing me out, my desire to quit: Ratan Tata
New Delhi, Sep 2 Asserting that he was not being pushed out as Chairman of the USD 71 billion conglomerate Tata Group, Ratan Tata said that he opted out of the selection committee to avoid giving the impression that he is influencing the succession plan. "I don't want to leave.....
Published : September 2, 2010
Mahindra Satyam to tap new opportunities in US health sector
Hyderabad, Sep 2 Mahindra Satyam today said it is looking to tap upcoming opportunities brought about by the recent reforms in the US healthcare sector. The company, which today launched a software solution for insurance companies that would meet the new federal rules in the U.....
Published : September 2, 2010
Bank of America Merrill Lynch ropes in Sanjiv Malhotra
Mumbai, Sep 2 Bank of America Merrill Lynch today said that it has appointed Sanjiv Malhotra as the country risk manager. Malhotra joins the bank from Citigroup Private Bank, where he had served as regional risk head of corporate and investment banking and covered India, Sri L.....
Published : September 2, 2010
Mahindra & Mahindra to launch passenger vehicle variant
Chennai, Sep 2 Auto major Mahindra and Mahindra would launch a passenger vehicle variant under the Maxximo platform over the next 12 months, a top company official said here today. The company at its Chakan plant near Pune has already invested close to Rs 300 crore. With these.....
Published : September 2, 2010
RBI clears debt restructuring for aviation sector
New Delhi, Sep 2 The Reserve Bank has allowed banks to restructure the debt of the cash-strapped aviation sector to help the beleaguered industry come out of financial turmoil, sources said today. The RBI has sent a communication to the banks with regard to debt restructuring .....
Published : September 2, 2010
Idea launches programme to develop skill-sets in school kids
Mumbai, Sep 2 Idea Cellular, a leading mobile service provider in the country, has launched a unique program aimed at developing relevant skill-sets among school children, which extends beyond academics, a top company official said. "Our unique program, 'Kaho What's Your Idea'.....
Published : September 2, 2010
Kotak Life launches 2 new Ulips
Mumbai, Sep 2 Kotak Life Insurance today launched two new unit-linked insurance plans -- Kotak Secure Invest Insurance and Kotak Wealth Insurance-meeting the new Irda guidelines. Kotak Secure Invest Insurance is an equity exposure plan and is backed by capital guarantees with.....
Published : September 2, 2010
Bajaj Finserv enters infra finance
Mumbai, Sept 2 Bajaj FinServ, the financial services arm of the Bajaj Group, today announced its entry into the infrastructure finance sector and appointed Anand K Gore as its chief executive. Gore, who would report to Sanjiv Bajaj, Managing Director of Bajaj Finserv, has 24 y.....
Published : September 2, 2010
Gems, jewellery export growth pace may slow to 15 pc in FY'11
New Delhi, Sep 2 Gems and jewellery exporters have expressed fear that they may clock only 15 per cent export growth in 2010-11 due to uncertainty in the global markets even as the shipments grew 67.5 per cent in April-June. "We are cautious about the export growth in the comi.....
Published : September 2, 2010
Cotton export registration now from Sep 15
New Delhi, Sep 2 Cotton exporters will have to wait till September 15 for mandatory registration of their cargoes with the Textiles Ministry as the process, scheduled to start from the first day of the month, has been postponed. "The office of the Textiles Commissioner will no.....
Published : September 2, 2010
Need to go beyond lip service on financial inclusion: MDA
Mumbai, Sep 2 India's top corporate leader, Mukesh Ambani, who heads the country's most valued firm, RIL, feels that the nation should go beyond mere lip service on financial inclusion and create millions of jobs for growth. "Inclusion and all that is what I call lip service a.....
Published : September 2, 2010
Allahabad Bank to open 60 more branches in two months
New Delhi, Sep 2 State-owned Allahabad Bank plans to open 60 more branches in the next two months to increase its presence. "We will be opening 60 branches across the country taking the total network to about 2,380 by October," Allahabad Bank Chairman and Managing Director J P.....
Published : September 2, 2010
RCom ropes in Wimax Forum Prez C S Rao as corp affairs chief
New Delhi, Sep 2 Anil Ambani-led Reliance Communications today said it has appointed C S Rao, who was leading the Wimax Forum's initiatives in India, to head its corporate affairs and regulatory divisions. Rao is the latest top-notch executive to be poached by RCom to strength.....
Published : September 2, 2010
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Movie Emotional Atyachar Music Launch, Swaroop Khan, Ranvir Shorey, Ravi Kishan.
Movie Robot Music Launch, A R Rahman, Resul Pookutty, Aishwarya Rai Bachchan, Rajinikanth, Amitabh Bachchan.
Movie RAAJNEETI DVD Launch, Prakash Jha, Manoj Bajpai.
more...